Joint Industry Plan; Notice of Filing and Immediate Effectiveness of the Forty-Eighth Amendment to the Joint Self-Regulatory Organization Plan Governing the Collection, Consolidation and Dissemination of Quotation and Transaction Information for Nasdaq-Listed Securities Traded on Exchanges on an Unlisted Trading Privileges Basis, 46771-46772 [2020-16805]
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Federal Register / Vol. 85, No. 149 / Monday, August 3, 2020 / Notices
Commission process and review your
comments more efficiently, please use
only one method. The Commission will
post all comments on the Commission’s
internet website (https://www.sec.gov/
rules/sro.shtml). Copies of the
submission, all subsequent
amendments, all written statements
with respect to the proposed rule
change that are filed with the
Commission, and all written
communications relating to the
proposed rule change between the
Commission and any person, other than
those that may be withheld from the
public in accordance with the
provisions of 5 U.S.C. 552, will be
available for website viewing and
printing in the Commission’s Public
Reference Room, 100 F Street NE,
Washington, DC 20549 on official
business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of the
filing also will be available for
inspection and copying at the principal
office of NSCC and on DTCC’s website
(https://dtcc.com/legal/sec-rulefilings.aspx). All comments received
will be posted without change. Persons
submitting comments are cautioned that
we do not redact or edit personal
identifying information from comment
submissions. You should submit only
information that you wish to make
available publicly. All submissions
should refer to File Number SR–NSCC–
2020–015 and should be submitted on
or before August 24, 2020.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.21
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020–16704 Filed 7–31–20; 8:45 am]
(‘‘Act’’) 1 and Rule 608 thereunder,2
notice is hereby given that on June 29,
2020,3 the Participants 4 in the Joint
Self-Regulatory Organization Plan
Governing the Collection, Consolidation
and Dissemination of Quotation and
Transaction Information for NasdaqListed Securities Traded on Exchanges
on an Unlisted Trading Privileges Basis
(‘‘UTP Plan’’ or ‘‘Plan’’) filed with the
Securities and Exchange Commission
(‘‘Commission’’) a proposal to amend
the UTP Plan. The amendment
represents the Forty-Eighth Amendment
to the Plan (‘‘Amendment’’). Under the
Amendment, the Participants propose to
add MEMX LLC (‘‘MEMX’’) as a
Participant to the Plan and make a
technical correction to the Conflicts of
Interest Policy pursuant to Rule
608(b)(3)(ii) under Regulation NMS.
The proposed Amendment has been
filed by the Participants pursuant to
Rule 608(b)(3)(ii) under Regulation
NMS 5 as concerned solely with the
administration of the Plan and as a
‘‘Ministerial Amendment’’ under
Section XVI of the Plan. As a result, the
Amendment becomes effective upon
filing and was submitted by the Chair of
the Plan’s Operating Committee. The
Commission is publishing this notice to
solicit comments on the Amendment
from interested persons. Set forth in
Sections I and II is the statement of the
purpose and summary of the
Amendment, along with the information
required by Rules 608(a) and 601(a)
under the Act, prepared and submitted
by the Participants to the Commission.
C. Implementation of Amendment
Because the Amendment constitutes a
‘‘Ministerial Amendment’’ under
Section XVI of the UTP Plan, the Chair
of the UTP Plan’s Operating Committee
may submit the Amendment to the
Commission on behalf of the
Participants in the UTP Plan. Because
the Participants designate the
Amendment as concerned solely with
the administration of the UTP Plan, the
Amendment becomes effective upon
filing with the Commission.
I. Rule 608(a)
I. Terms and Conditions of Access
Not applicable.
A. Purpose of the Amendment
The above-captioned Amendment
adds MEMX as a Participant to the UTP
Plan and makes a technical correction to
the Conflicts of Interest Policy to update
a cross-reference.
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
B. Governing or Constituent Documents
khammond on DSKJM1Z7X2PROD with NOTICES
[Release No. 34–89417; File No. S7–24–89]
Joint Industry Plan; Notice of Filing
and Immediate Effectiveness of the
Forty-Eighth Amendment to the Joint
Self-Regulatory Organization Plan
Governing the Collection,
Consolidation and Dissemination of
Quotation and Transaction Information
for Nasdaq-Listed Securities Traded on
Exchanges on an Unlisted Trading
Privileges Basis
July 29, 2020.
Pursuant to Section 11A of the
Securities Exchange Act of 1934
21 17
CFR 200.30–3(a)(12).
VerDate Sep<11>2014
20:39 Jul 31, 2020
Jkt 250001
46771
Not applicable.
U.S.C 78k–1(a)(3).
2 17 CFR 242.608.
3 See Letter from Robert Books, Chairman,
Operating Committee, UTP Plan, to Vanessa A.
Countryman, Secretary, Commission, dated June 26,
2020.
4 The Participants are: Cboe BYX Exchange, Inc.,
Cboe BZX Exchange, Inc., Cboe EDGA Exchange,
Inc., Cboe EDGX Exchange, Inc., Cboe Exchange,
Inc., Financial Industry Regulatory Authority, Inc.,
The Investors’ Exchange LLC, Long-Term Stock
Exchange, Inc., MEMX LLC, Nasdaq BX, Inc.,
Nasdaq ISE, LLC, Nasdaq PHLX, Inc., The Nasdaq
Stock Market LLC, New York Stock Exchange LLC,
NYSE American LLC, NYSE Arca, Inc., NYSE
Chicago, Inc., and NYSE National, Inc. (collectively,
the ‘‘Participants’’).
5 17 CFR 242.608(b)(2).
PO 00000
1 15
Frm 00186
Fmt 4703
Sfmt 4703
D. Development and Implementation
Phases
Not applicable.
E. Analysis of Impact on Competition
The Amendment does not impose any
burden on competition because it
simply adds MEMX as a Participant to
the UTP Plan and makes a minor
correction to the Conflicts of Interest
Policy. MEMX has completed the
required steps to be added to the UTP
Plan.
F. Written Understanding or Agreements
Relating to Interpretation of, or
Participation in, Plan
Not applicable.
G. Approval by Sponsors in Accordance
With Plan
See Item I.C. above.
H. Description of Operation of Facility
Contemplated by the Proposed
Amendment
Not applicable.
J. Method of Determination and
Imposition, and Amount of, Fees and
Charges
Not applicable.
K. Method and Frequency of Processor
Evaluation
Not applicable.
L. Dispute Resolution
Not applicable.
II. Regulation NMS Rule 601(a)
A. Equity Securities for Which
Transaction Reports Shall Be Required
by the Plan
Not applicable.
B. Reporting Requirements
Not applicable.
C. Manner of Collecting, Processing,
Sequencing, Making Available and
Disseminating Last Sale Information
Not applicable.
E:\FR\FM\03AUN1.SGM
03AUN1
46772
Federal Register / Vol. 85, No. 149 / Monday, August 3, 2020 / Notices
F. Rules and Procedures Addressed to
Fraudulent or Manipulative
Dissemination
Not applicable.
filing also will be available for website
viewing and printing at the principal
office of the Plan. All comments
received will be posted without change;
the Commission does not edit personal
identifying information from
submissions. You should submit only
information that you wish to make
available publicly. All submissions
should refer to File Number S7–24–89
and should be submitted on or before
August 24, 2020.
G. Terms of Access to Transaction
Reports
Not applicable.
By the Commission.
J. Matthew DeLesDernier,
Assistant Secretary.
D. Manner of Consolidation
Not applicable.
E. Standards and Methods Ensuring
Promptness, Accuracy and
Completeness of Transaction Reports
Not applicable.
[FR Doc. 2020–16805 Filed 7–31–20; 8:45 am]
H. Identification of Marketplace of
Execution
Not applicable.
BILLING CODE 8011–01–P
III. Solicitation of Comments
The Commission seeks comments on
the Amendment. Interested persons are
invited to submit written data, views,
and arguments concerning the
foregoing, including whether the
proposed Amendment is consistent with
the Act. Comments may be submitted by
any of the following methods:
khammond on DSKJM1Z7X2PROD with NOTICES
Electronic Comments
• Use the Commission’s internet
comment form (https://www.sec.gov/
rules/sro.shtml); or
• Send an email to rule-comments@
sec.gov. Please include File Number S7–
24–89 on the subject line.
Paper Comments
• Send paper comments in triplicate
to Secretary, Securities and Exchange
Commission, 100 F Street NE,
Washington, DC 20549–1090.
All submissions should refer to File
Number S7–24–89. This file number
should be included on the subject line
if email is used. To help the
Commission process and review your
comments more efficiently, please use
only one method. The Commission will
post all comments on the Commission’s
website (https://www.sec.gov/rules/
sro.shtml). Copies of the submission, all
written statements with respect to the
proposed Amendment that are filed
with the Commission, and all written
communications relating to the
proposed Amendment between the
Commission and any person, other than
those that may be withheld from the
public in accordance with the
provisions of 5 U.S.C. 552, will be
available for website viewing and
printing in the Commission’s Public
Reference Room, 100 F Street NE,
Washington, DC 20549, on official
business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of the
VerDate Sep<11>2014
20:39 Jul 31, 2020
Jkt 250001
SECURITIES AND EXCHANGE
COMMISSION
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
self-regulatory organization included
statements concerning the purpose of,
and basis for, the proposed rule change
and discussed any comments it received
on the proposed rule change. The text
of those statements may be examined at
the places specified in Item IV below.
The Exchange has prepared summaries,
set forth in sections A, B, and C below,
of the most significant parts of such
statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule
Change
1. Purpose
[Release No. 34–89415; File No. SR–
NYSEARCA–2020–66]
Self-Regulatory Organizations; NYSE
Arca, Inc.; Notice of Filing and Order
Granting Accelerated Approval of
Proposed Rule Change To Add the
Consolidated Audit Trail Industry
Member Compliance Rules To the List
of Minor Rule Violations in Rule
10.9217
July 28, 2020.
Pursuant to Section 19(b)(1) 1 of the
Securities Exchange Act of 1934 (the
‘‘Act’’) 2 and Rule 19b–4 thereunder,3
notice is hereby given that, on July 21,
2020, NYSE Arca, Inc. (‘‘NYSE Arca’’ or
the ‘‘Exchange’’) filed with the
Securities and Exchange Commission
(the ‘‘Commission’’) the proposed rule
change as described in Items I and II
below, which Items have been prepared
by the self-regulatory organization. The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons and
approving the proposal on an
accelerated basis.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to add the
Consolidated Audit Trail (‘‘CAT’’)
industry member compliance rules to
the list of minor rule violations in Rule
10.9217. The proposed change is
available on the Exchange’s website at
www.nyse.com, at the principal office of
the Exchange, and at the Commission’s
Public Reference Room.
PO 00000
1 15
U.S.C. 78s(b)(1).
U.S.C. 78a.
3 17 CFR 240.19b–4.
2 15
Frm 00187
Fmt 4703
Sfmt 4703
The Exchange proposes to add NYSE
Arca’s CAT industry member
compliance rules (the ‘‘CAT Compliance
Rules’’) to the list of minor rule
violations in Rule 10.9217. This
proposal is based upon the Financial
Industry Regulatory Authority, Inc.
(‘‘FINRA’’) filing to amend FINRA Rule
9217 in order to add FINRA’s
corresponding CAT Compliance Rules
to FINRA’s list of rules that are eligible
for minor rule violation plan treatment
and the filing of the Exchange’s affiliate
the New York Stock Exchange LLC
(‘‘NYSE’’) to add NYSE’s corresponding
CAT Compliance Rules to the list of
minor rule violations in NYSE Rule
9217.4
Proposed Rule Change
The Exchange recently adopted the
CAT Compliance Rules in the Rule
11.6800 Series in order to implement
the National Market System Plan
Governing the Consolidated Audit Trail
(the ‘‘CAT NMS Plan’’ or ‘‘Plan’’).5 The
CAT NMS Plan was filed by the Plan
Participants to comply with Rule 613 of
Regulation NMS under the Exchange
Act,6 and each Plan Participant
accordingly has adopted the same
compliance rules in the Exchange’s Rule
11.6800 Series. The common
compliance rules adopted by each Plan
Participant are designed to require
industry members to comply with the
provisions of the CAT NMS Plan, which
4 See Securities Exchange Act Release No. 88870
(May 14, 2020), 85 FR 30768 (May 20, 2020) (SR–
FINRA–2020–013); Securities Exchange Act Release
No. 89123 (June 23, 2020), 85 FR 39016 (June 29,
2020) (SR–NYSE–2020–51).
5 See Securities Exchange Act Release No. 80256
(March 15, 2017), 82 FR 14526 (March 21, 2017)
(SR–NYSEArca–2017–03; SR–NYSEArca-2017–04).
6 17 CFR 242.613.
E:\FR\FM\03AUN1.SGM
03AUN1
]]>Agencies
[Federal Register Volume 85, Number 149 (Monday, August 3, 2020)]
[Notices]
[Pages 46771-46772]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-16805]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-89417; File No. S7-24-89]
Joint Industry Plan; Notice of Filing and Immediate Effectiveness
of the Forty-Eighth Amendment to the Joint Self-Regulatory Organization
Plan Governing the Collection, Consolidation and Dissemination of
Quotation and Transaction Information for Nasdaq-Listed Securities
Traded on Exchanges on an Unlisted Trading Privileges Basis
July 29, 2020.
Pursuant to Section 11A of the Securities Exchange Act of 1934
(``Act'') \1\ and Rule 608 thereunder,\2\ notice is hereby given that
on June 29, 2020,\3\ the Participants \4\ in the Joint Self-Regulatory
Organization Plan Governing the Collection, Consolidation and
Dissemination of Quotation and Transaction Information for Nasdaq-
Listed Securities Traded on Exchanges on an Unlisted Trading Privileges
Basis (``UTP Plan'' or ``Plan'') filed with the Securities and Exchange
Commission (``Commission'') a proposal to amend the UTP Plan. The
amendment represents the Forty-Eighth Amendment to the Plan
(``Amendment''). Under the Amendment, the Participants propose to add
MEMX LLC (``MEMX'') as a Participant to the Plan and make a technical
correction to the Conflicts of Interest Policy pursuant to Rule
608(b)(3)(ii) under Regulation NMS.
---------------------------------------------------------------------------
\1\ 15 U.S.C 78k-1(a)(3).
\2\ 17 CFR 242.608.
\3\ See Letter from Robert Books, Chairman, Operating Committee,
UTP Plan, to Vanessa A. Countryman, Secretary, Commission, dated
June 26, 2020.
\4\ The Participants are: Cboe BYX Exchange, Inc., Cboe BZX
Exchange, Inc., Cboe EDGA Exchange, Inc., Cboe EDGX Exchange, Inc.,
Cboe Exchange, Inc., Financial Industry Regulatory Authority, Inc.,
The Investors' Exchange LLC, Long-Term Stock Exchange, Inc., MEMX
LLC, Nasdaq BX, Inc., Nasdaq ISE, LLC, Nasdaq PHLX, Inc., The Nasdaq
Stock Market LLC, New York Stock Exchange LLC, NYSE American LLC,
NYSE Arca, Inc., NYSE Chicago, Inc., and NYSE National, Inc.
(collectively, the ``Participants'').
---------------------------------------------------------------------------
The proposed Amendment has been filed by the Participants pursuant
to Rule 608(b)(3)(ii) under Regulation NMS \5\ as concerned solely with
the administration of the Plan and as a ``Ministerial Amendment'' under
Section XVI of the Plan. As a result, the Amendment becomes effective
upon filing and was submitted by the Chair of the Plan's Operating
Committee. The Commission is publishing this notice to solicit comments
on the Amendment from interested persons. Set forth in Sections I and
II is the statement of the purpose and summary of the Amendment, along
with the information required by Rules 608(a) and 601(a) under the Act,
prepared and submitted by the Participants to the Commission.
---------------------------------------------------------------------------
\5\ 17 CFR 242.608(b)(2).
---------------------------------------------------------------------------
I. Rule 608(a)
A. Purpose of the Amendment
The above-captioned Amendment adds MEMX as a Participant to the UTP
Plan and makes a technical correction to the Conflicts of Interest
Policy to update a cross-reference.
B. Governing or Constituent Documents
Not applicable.
C. Implementation of Amendment
Because the Amendment constitutes a ``Ministerial Amendment'' under
Section XVI of the UTP Plan, the Chair of the UTP Plan's Operating
Committee may submit the Amendment to the Commission on behalf of the
Participants in the UTP Plan. Because the Participants designate the
Amendment as concerned solely with the administration of the UTP Plan,
the Amendment becomes effective upon filing with the Commission.
D. Development and Implementation Phases
Not applicable.
E. Analysis of Impact on Competition
The Amendment does not impose any burden on competition because it
simply adds MEMX as a Participant to the UTP Plan and makes a minor
correction to the Conflicts of Interest Policy. MEMX has completed the
required steps to be added to the UTP Plan.
F. Written Understanding or Agreements Relating to Interpretation of,
or Participation in, Plan
Not applicable.
G. Approval by Sponsors in Accordance With Plan
See Item I.C. above.
H. Description of Operation of Facility Contemplated by the Proposed
Amendment
Not applicable.
I. Terms and Conditions of Access
Not applicable.
J. Method of Determination and Imposition, and Amount of, Fees and
Charges
Not applicable.
K. Method and Frequency of Processor Evaluation
Not applicable.
L. Dispute Resolution
Not applicable.
II. Regulation NMS Rule 601(a)
A. Equity Securities for Which Transaction Reports Shall Be Required by
the Plan
Not applicable.
B. Reporting Requirements
Not applicable.
C. Manner of Collecting, Processing, Sequencing, Making Available and
Disseminating Last Sale Information
Not applicable.
[[Page 46772]]
D. Manner of Consolidation
Not applicable.
E. Standards and Methods Ensuring Promptness, Accuracy and Completeness
of Transaction Reports
Not applicable.
F. Rules and Procedures Addressed to Fraudulent or Manipulative
Dissemination
Not applicable.
G. Terms of Access to Transaction Reports
Not applicable.
H. Identification of Marketplace of Execution
Not applicable.
III. Solicitation of Comments
The Commission seeks comments on the Amendment. Interested persons
are invited to submit written data, views, and arguments concerning the
foregoing, including whether the proposed Amendment is consistent with
the Act. Comments may be submitted by any of the following methods:
Electronic Comments
Use the Commission's internet comment form (https://www.sec.gov/rules/sro.shtml); or
Send an email to [email protected]. Please include
File Number S7-24-89 on the subject line.
Paper Comments
Send paper comments in triplicate to Secretary, Securities
and Exchange Commission, 100 F Street NE, Washington, DC 20549-1090.
All submissions should refer to File Number S7-24-89. This file number
should be included on the subject line if email is used. To help the
Commission process and review your comments more efficiently, please
use only one method. The Commission will post all comments on the
Commission's website (https://www.sec.gov/rules/sro.shtml). Copies of
the submission, all written statements with respect to the proposed
Amendment that are filed with the Commission, and all written
communications relating to the proposed Amendment between the
Commission and any person, other than those that may be withheld from
the public in accordance with the provisions of 5 U.S.C. 552, will be
available for website viewing and printing in the Commission's Public
Reference Room, 100 F Street NE, Washington, DC 20549, on official
business days between the hours of 10:00 a.m. and 3:00 p.m. Copies of
the filing also will be available for website viewing and printing at
the principal office of the Plan. All comments received will be posted
without change; the Commission does not edit personal identifying
information from submissions. You should submit only information that
you wish to make available publicly. All submissions should refer to
File Number S7-24-89 and should be submitted on or before August 24,
2020.
By the Commission.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020-16805 Filed 7-31-20; 8:45 am]
BILLING CODE 8011-01-P
